Established Deli with Beer & Wine

Huntington Beach, CA
listing image
Asking Price:$249,000
Inventory:$5,000
EBITDA:$115,000
Gross Revenue:$641,000
Rent:$5,360
Established Year:2000
BUSINESS DESCRIPTION

Established for decades and under current ownership since inception is this East Coast style deli in the heart of Huntington Beach. This deli offers a variety of hot and cold sandwiches, burgers, loaded fries, wings, and more. The bread is baked fresh daily and this can make all the difference in a proper sandwich and brings the customers back over and over again.

The current lease has two years left and the buyer needs to negotiate a longer term lease which we expect no issue with this as long as they are qualified. The new owners can also reopen on Mondays and extend the hours to 8 or 9 p.m. to increase the sales. Additional growth opportunities are 3rd party catering services, school accounts and corporate events just to name a few.

2023 MONTHLY FINANCIAL ANALYSIS (Projection)
Sales: $56k Rent: $5360 Payroll: $15k C.O.G.: 21K
Misc: $5k (Uncontrollable of utilities, credit card processing, maintenance etc.) Net Potential income: $9600 monthly or $115k a year


DETAILED INFORMATION
Location
Huntington Beach, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/08/2026
Employees
8
Support & Training
Training after close of escrow
Report an Issue with this listing
profile-img
Admin
PacficRB
logo-img
Admin PacficRB